Lieutenant Governor Billy Nungesser is in Canada trying to drum up travel back to Louisiana, but he’s finding it difficult. Jeff Palermo has the story.
Cut 1 (32) “…I’m Jeff Palermo.”
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Jefferson Parish is the first parish in Louisiana to receive a Class 3 flood protection rating from FEMA, which means a larger flood insurance premium discount for thousands in unincorporated parts of the parish. Andre Champagne has more.
Cut 2 (32) “…I’m Andre Champagne.”
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This week, the Fed cut interest rates by a quarter point. What does that mean for consumers like you and me? Andrew Greenstein has some insight.
Cut 3 (35) “…I’m Andrew Greenstein.”
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Lieutenant Governor Billy Nungesser is in Canada this week with state and local tourism officials trying to promote travel to Louisiana, but he’s finding Canadians are not interested in leisure trips to the United States because of President Trump’s previous statements and actions.
Cut 4 (08) “…the tariffs.”
Canada is Louisiana’s largest international tourism market. In 2024, the state welcomed an estimated 185-thousand visitors from Canada, and Canadians spent nearly 194-million dollars in the Bayou State. But Nungesser says this year, they’ve seen a decline in travel by Canadians to Louisiana.
Cut 5 (11) “…we’re battling.”
Joining Nungesser on this trip are representatives of the Louisiana Office of Tourism, the Council for the Development of French in Louisiana and nine parish tourism partners. Nungesser says they’ve been to Toronto, Montreal, and Quebec City meeting with government and tourism officials, tour operators and media.
Mr. Trump has repeatedly suggested that Canada should become the 51st state of the United States, but Nungesser that kind of talk has rubbed Canadians the wrong way.
Cut 6 (10) “…in Canada.”
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Homes and businesses located in unincorporated areas of Jefferson Parish will receive a 35-percent discount on their flood insurance premiums when their policies renew after October 1st. Maggie Talley, Jefferson Parish’s director of floodplain management and hazard mitigation, says thousands of policyholders are receiving this big discount because FEMA has recognized the parish’s flood mitigation efforts.
Cut 7 (07) “…35-percent savings.”
The discount is currently 25-percent, and it’s increasing to 35-percent. Tally says over the years, the parish has made upgrades in drainage, improved the pumping systems and adopted stronger building codes.
Cut 8 (08) “…flood damages.”
Jefferson officials say the bigger discount will save residents over 12-million dollars a year. Talley says Jefferson Parish is one of only 11 communities nationwide to reach the Class 3 level in the National Flood Insurance Program’s Community Rating System.
Cut 9 (09) “…class rating.”
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The Trump administration is allocating more than 400-million dollars in additional federal funding to Historically Black Colleges and Universities. Grambling University President Dr. Martin Lemelle says that’s over and above the funding the schools received in the previous fiscal year, and part of that money would go towards the Title Three program.
Cut 10 (15) “…and graduate students.”
Dr. Lemelle says part of that money would be used to upgrade facilities at the university.
Cut 11 (15) “…as enhance infrastructure.”
Lemelle says some of that money could also go towards ensuring students’ academic success.
Cut 12 (11) “…opportunity to succeed.”
The schools haven’t decided how the money will be divided among them yet. The money for the HBCUs is being redirected from other grants, mostly from the government’s Hispanic-Serving Institution program, which offers grants to colleges and universities where at least a quarter of undergraduates are Hispanic.
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This week, the Fed dropped interest rates by a quarter point and indicated that there may be two more rate cuts by the end of the year. So what does that mean for consumers like you and me? Rajesh Narayanan (rah-JESH na-RYE-an), a professor of finance at LSU, says if you’re hoping that the rate cut will mean a lower rate on your mortgage, think again.
Cut 13 (10) “…the rate cut.”
Narayanan says the interest rates that the Fed sets affect how banks borrow from one another and do not have an immediate direct impact on the interest rates that consumers pay. As such, he says the rate cut will also have no immediate impact on other types of interest.
Cut 14 (10) “…by credit risk.”
Narayanan says the Fed issued the rate cut in response to weakness in the job market. But he says it’s a tough balancing act – while unemployment is up, it becomes a different situation when inflation also rises.
Cut 15 (11) “…spending slow down.”
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Louisiana Tech played both quarterbacks Trey Kukuk (Q-Kuhk) and Blake Baker in the dominant 49-14 win over New Mexico State. The sophomore Baker threw for 182 yards and a touchdown while rushing for 103 yards and a touchdown. Head coach Sonny Cumbie says that the Bulldogs will continue to play both, but he was impressed with Baker’s ability to extend plays with his legs.
Cut 16 (20) “…scramble drill.”
Louisiana Tech’s offensive line struggled to protect the quarterback in the first couple of games, but limited New Mexico State to just one sack last week. Cumbie says he is proud of the growth from the entire unit and says the Bulldogs have to continue getting better with protection as it faces a dangerous Southern Mississippi pass rush on Saturday.
Cut 17 (20) “…the quarterback.”
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LSU has been struggling to mesh on the offensive line through the first three games of the season, specifically with creating holes in the run game. The Tigers have sufficed in pass protection, but only average nearly 110 yards a game on the ground. Head coach Brian Kelly says the group is still working to become more technically sound as a unit.
Cut 18 (15) “…tails off.”
Through just the first three games, LSU has only allowed three offensive touchdowns to opposing offenses. The Tigers intercepted D-J Lagway five times and limited Florida’s offense to no second half points. Sophomore linebacker Davhon Keys credited the defense’s early success to being in Blake Baker’s scheme for a second-straight season.
Cut 19 (17) “…having fun.”
LSU will host Southeastern Louisiana on Saturday before it gets to the meat of its SEC schedule. The Tigers’ mantra for the entire season is to go 1-and-0 every week, and Keys reiterates focusing on one opponent at a time.
Cut 20 (15) “…the future.”